Rasandik Engineering Industries India Ltd. engages in the manufacture of automotive components and accessories. Its product portfolio include tailored welding blanks, engineering solutions, tools and dies, body in white (BIW) parts, suspension parts, fuel tanks, exhaust line and computer numerically control (CNC) bending, scissor jack, and white goods. The company was founded by Deepika Kapoor and Rajiv Kapoor in 1986 and is headquartered in Gurgaon, India.
Rasandik Engineering Industries India Dividend Announcement
• Rasandik Engineering Industries India announced a annually dividend of ₹1.50 per ordinary share which will be made payable on . Ex dividend date: 2008-09-04
• Rasandik Engineering Industries India's trailing twelve-month (TTM) dividend yield is -%
Rasandik Engineering Industries India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2008-09-04 | ₹1.50 | annually | |
2007-08-30 | ₹1.00 | annually | |
2006-08-17 | ₹1.50 | annually | |
2005-08-11 | ₹1.50 | annually | |
2004-08-04 | ₹1.20 | annually | |
2003-09-17 | ₹1.00 | annually |
Rasandik Engineering Industries India Dividend per year
Rasandik Engineering Industries India Dividend growth
Rasandik Engineering Industries India Dividend Yield
Rasandik Engineering Industries India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rasandik Engineering Industries India stock? Use our calculator to estimate your expected dividend yield:
Rasandik Engineering Industries India Financial Ratios
Rasandik Engineering Industries India Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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